As Celgene (CELG) Market Value Declined, Lombard Odier Asset Management Switzerland Sa Lowered Its Stake by $832,445; Metlife Com (MET) Stock Value Declined While Covenant Multifamily Offices Has Lifted Position by $371,790

February 23, 2018 - By Migdalia James

Covenant Multifamily Offices Llc increased its stake in Metlife Inc Com (MET) by 12.37% based on its latest 2017Q3 regulatory filing with the SEC. Covenant Multifamily Offices Llc bought 7,290 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 66,240 shares of the finance company at the end of 2017Q3, valued at $3.44M, up from 58,950 at the end of the previous reported quarter. Covenant Multifamily Offices Llc who had been investing in Metlife Inc Com for a number of months, seems to be bullish on the $49.04B market cap company. The stock increased 0.84% or $0.39 during the last trading session, reaching $47.02. About 326,549 shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since February 23, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.




Lombard Odier Asset Management Switzerland Sa decreased its stake in Celgene Corp (CELG) by 5.28% based on its latest 2017Q3 regulatory filing with the SEC. Lombard Odier Asset Management Switzerland Sa sold 5,741 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 102,949 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $15.01 million, down from 108,690 at the end of the previous reported quarter. Lombard Odier Asset Management Switzerland Sa who had been investing in Celgene Corp for a number of months, seems to be less bullish one the $70.99B market cap company. The stock increased 0.64% or $0.6019 during the last trading session, reaching $94.3819. About 429,594 shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since February 23, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Since September 5, 2017, it had 1 insider buy, and 4 selling transactions for $4.31 million activity. The insider KAPLAN GILLA sold 18,500 shares worth $1.77 million. CASEY MICHAEL D sold 9,250 shares worth $1.29 million. 1,727 shares were sold by Curran Terrie, worth $248,498 on Monday, September 25.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.17, from 1.34 in 2017Q2. It worsened, as 44 investors sold CELG shares while 457 reduced holdings. 133 funds opened positions while 451 raised stakes. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. First Manhattan Co accumulated 181,564 shares or 0.15% of the stock. Comerica Secs holds 0.53% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 26,139 shares. Toronto Dominion Bank reported 468,526 shares stake. Burns J W Company stated it has 1.73% in Celgene Corporation (NASDAQ:CELG). Illinois-based Arete Wealth Advsrs Lc has invested 1.05% in Celgene Corporation (NASDAQ:CELG). Bedrijfstakpensioenfonds Voor De Media Pno has 115,000 shares for 1.88% of their portfolio. Pensionfund Dsm Netherlands invested 0.94% of its portfolio in Celgene Corporation (NASDAQ:CELG). Prudential Fin, New Jersey-based fund reported 2.72M shares. Fiduciary Tru stated it has 0.13% in Celgene Corporation (NASDAQ:CELG). Crestpoint Mgmt Limited Liability Company owns 5,100 shares for 0.33% of their portfolio. Mitchell Cap Mgmt Communications reported 2.49% in Celgene Corporation (NASDAQ:CELG). Wellington Shields Cap Lc holds 35,590 shares or 0.69% of its portfolio. Moreover, Castleark Mgmt Limited Com has 1.14% invested in Celgene Corporation (NASDAQ:CELG). Confluence Wealth Mgmt Limited Liability Corporation holds 0.45% or 6,354 shares in its portfolio. F&V Cap Lc invested in 0.5% or 5,915 shares.

Lombard Odier Asset Management Switzerland Sa, which manages about $1.03B US Long portfolio, upped its stake in Hormel Foods Corp (NYSE:HRL) by 120,024 shares to 170,948 shares, valued at $5.49 million in 2017Q3, according to the filing. It also increased its holding in Unum Group (NYSE:UNM) by 8,733 shares in the quarter, for a total of 46,124 shares, and has risen its stake in Kinross Gold Corp (NYSE:KGC).

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 2 Sell and 12 Hold. Therefore 58% are positive. Celgene Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, January 14 by Standpoint Research. The rating was maintained by Wells Fargo with “Outperform” on Friday, December 4. The stock of Celgene Corporation (NASDAQ:CELG) earned “Buy” rating by Cantor Fitzgerald on Thursday, July 6. Piper Jaffray maintained the stock with “Hold” rating in Thursday, January 25 report. The company was maintained on Friday, July 24 by JMP Securities. Morgan Stanley maintained Celgene Corporation (NASDAQ:CELG) rating on Monday, October 23. Morgan Stanley has “Underweight” rating and $115 target. The firm earned “Buy” rating on Monday, July 10 by Jefferies. Barclays Capital maintained Celgene Corporation (NASDAQ:CELG) on Friday, October 13 with “Equal-Weight” rating. On Friday, June 30 the stock rating was downgraded by BTIG Research to “Neutral”. The rating was maintained by Citigroup with “Buy” on Thursday, September 29.

Analysts await Celgene Corporation (NASDAQ:CELG) to report earnings on April, 26. They expect $1.78 earnings per share, up 16.34% or $0.25 from last year’s $1.53 per share. CELG’s profit will be $1.34B for 13.26 P/E if the $1.78 EPS becomes a reality. After $1.87 actual earnings per share reported by Celgene Corporation for the previous quarter, Wall Street now forecasts -4.81% negative EPS growth.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.05, from 0.94 in 2017Q2. It dived, as 61 investors sold MET shares while 336 reduced holdings. 65 funds opened positions while 289 raised stakes. 784.85 million shares or 1.65% more from 772.09 million shares in 2017Q2 were reported. Mirae Asset Glob Invs Limited accumulated 0.06% or 58,654 shares. Bowen Hanes & holds 0.06% in MetLife, Inc. (NYSE:MET) or 25,595 shares. Jfs Wealth Lc has invested 0% of its portfolio in MetLife, Inc. (NYSE:MET). Northwestern Mutual Wealth Mngmt Company invested 0% in MetLife, Inc. (NYSE:MET). Westover Cap Advsrs Ltd Liability has invested 0.62% in MetLife, Inc. (NYSE:MET). Daiwa Grp Incorporated invested in 246,148 shares. 237,193 were reported by Rothschild Investment Il. Oarsman Cap Incorporated accumulated 0.69% or 31,475 shares. Foster And Motley Incorporated reported 5,570 shares or 0.05% of all its holdings. New York-based Genesee Valley has invested 0.55% in MetLife, Inc. (NYSE:MET). 787,644 were reported by Rnc Management Ltd Liability. The California-based One Cap Ltd Liability Corporation has invested 0.47% in MetLife, Inc. (NYSE:MET). New York-based Canandaigua Bank & Co has invested 0.22% in MetLife, Inc. (NYSE:MET). Moreover, Crestpoint Capital Mgmt Ltd Limited Liability Company has 0.43% invested in MetLife, Inc. (NYSE:MET). Oppenheimer Asset invested in 757,814 shares.

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 49 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Outperform” on Tuesday, January 30. The stock of MetLife, Inc. (NYSE:MET) earned “Mkt Perform” rating by FBR Capital on Monday, November 28. The firm earned “Buy” rating on Wednesday, June 28 by Wells Fargo. The stock has “Neutral” rating by Credit Suisse on Friday, October 7. On Wednesday, February 14 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock of MetLife, Inc. (NYSE:MET) earned “Buy” rating by RBC Capital Markets on Friday, August 4. The rating was maintained by Wells Fargo with “Buy” on Wednesday, April 19. The stock of MetLife, Inc. (NYSE:MET) has “Equal-Weight” rating given on Monday, November 13 by Morgan Stanley. The company was maintained on Monday, July 10 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, January 19 report.

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